**Summary:**
The Competition Commission of India (CCI) has approved the proposed acquisition of SML Isuzu Limited by Mahindra and Mahindra Limited. Mahindra and Mahindra, a diversified Indian conglomerate, will acquire SML Isuzu, a company engaged in the manufacture and sale of commercial vehicles. The CCI's detailed order will be released subsequently.
Key Entities Referenced
Competition Commission of India: Regulatory body that approved the acquisition.
CCI: Acronym for Competition Commission of India.
SML Isuzu Limited: Target company being acquired by Mahindra and Mahindra Limited.
Mahindra and Mahindra Limited: Acquiring company; flagship company of the Mahindra group.
Mahindra group: Indian federation of companies with diversified interests.
commercial vehicles: Also known as CVs; product manufactured and sold by SML Isuzu Limited.
Competition Commission of India
CCI approves the proposed combination involving
acquisition of SML Isuzu Limited by Mahindra and
Mahindra Limited
Posted On: 17 JUN 2025 7:53PM by PIB Delhi
The Competition Commission of India has approved the proposed combination involving acquisition of SML
Isuzu Limited by Mahindra and Mahindra Limited.
The proposed combination relates to acquisition of SML Isuzu Limited (Target) by Mahindra and Mahindra
Limited (Acquirer).
The Acquirer is the flagship company of the Mahindra group, which is a leading Indian federation of
companies with diversified interests across various sectors of economic significance including
automotive, farm equipment, agricultural products and services, smaller range power generation
equipment, financial services, information technology, logistics, alternative energy, aerospace, steel
processing, trading, insurance broking, real estate and infrastructure, and hospitality.
The Target is engaged in the business of manufacture and sale of commercial vehicles (“CVs”).
Detailed order of the Commission will follow.
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NB/AD
(Release ID: 2137017)